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Latest News

Big 3 carmakers beg for $25B, warn of catastrophe (AP)

Chrysler CEO Robert Nardelli  testifies at a Senate Banking, Housing and Urban Affairs hearing on the automotive industry bailout on Capitol Hill in Washington, Tuesday, Nov. 18, 2008. At left is Ford CEO Alan Mulally and right is General Motors CEO Rick Wagoner. (AP Photo/Manuel Balce Ceneta)AP - Detroit's Big Three automakers pleaded with a reluctant Congress Tuesday for a $25 billion lifeline to save the once-proud titans of U.S. industry, pointedly warning of a national economic catastrophe should they collapse. Millions of layoffs would follow their demise, they said, as damaging effects rippled across an already-faltering economy.


Holder accepts Obama's Justice offer, senior Democrat says (AP)

In this July 20, 1999 file photo, President Clinton shakes hand with Deputy Attorney General Eric Holder, right, as Attorney General Janet Reno looks on at a American Bar Association Presidential Call to Action event at the White House in Washington. Holder is President-elect Barack Obama's top choice to be the next attorney general and aides have gone so far as to ask senators whether he would be confirmed, an Obama official and people close to the matter said Tuesday, Nov. 18, 2008. (AP Photo/Ron Edmonds, File)AP - President-elect Barack Obama's top choice for attorney general is Eric Holder, a former No. 2 Justice Department official in the Clinton administration and Obama campaign aide who would become the first African American to serve as the nation's chief lawyer.


Stevens falls further behind in Alaska Senate race (AP)

Division of Election workers run votes through scanning machines as they count the remaining votes in for the general election at the Division of Election office in Anchorage, Alaska Tuesday Nov. 18, 2008. Democrat Anchorage Mayor Mark Begich is leading Sen. Ted Stevens, R-Alaska as the vote counting continues.  (AP Photo/Al Grillo)AP - Alaska Sen. Ted Stevens dropped further behind Democrat Mark Begich in his re-election bid Tuesday as the convicted felon's 85th birthday became a grueling wait that could determine whether his decades-long hold on power is over.